Orange County NC Website
3 <br /> Slide #4 <br /> FY2023-24 RECOMMENDED BUDGET <br /> J�wmiaxdlaMG h,y�a�i, <br /> n.l•r 0.9■ hvoVrMM•-H Cekn[s <br /> ].SM <br /> �' •Prupelt}rieNs <br /> •Sales Tax <br /> T � •Licenses and Permits <br /> o-� <br /> •Mismftna m <br /> •Apprnpnmted Fund BOW— <br /> •Chw,3.fpr$—i- <br /> ■R--Rvvernme ul <br /> ■TramE•of <br /> ORANGE COUNTY <br /> �X)W i I CA Fa-IL INA <br /> Slide #5 <br /> FY2023-24 RECOMMENDED BUDGET <br /> Revenue Assumptions <br /> FY 2023-24 Projected Revenue: $279,194,928 <br /> Property Tax Assumptions <br /> Recnmmended Property Tax Increase: <br /> $U(146=$1,038,676 <br /> One Perms=$2,257,9% <br /> 'Current Tax Rate=$0.8312peT$100 t-Aluation <br /> Recomme nd"Tax Rate=$0.83%per$106 valuation <br /> Total Property Tax Increase plus 2%natural growth=K7 Milan <br /> ORANGE COUNTY <br /> .")FCF]I CAROLINA <br /> Slide #6 <br /> FY2023-24 RECOMMENDED BUDGET <br /> Rcwenue As5iimptlons <br /> Sales Tax Assumptions <br /> 4-5%Growth over FY 2022-23projection as ecronomy normalizes to prv- <br /> Co,,id inflation rates. <br /> Third Quarter FY 2022-23 indicates 10-121A Growth over PrioT Fiscal Year <br /> Total Sales Tax Increase=$8.1 Million <br /> ORANGE COUNTY <br /> ^k][Cf]I CaROLLNA <br />